f yeahMcInnis 03 said:
TSLA VOLUME
FIRING UP 5m squeeze, cold trigger a squeeze dam break.
f yeahMcInnis 03 said:
TSLA VOLUME
FIRING UP 5m squeeze, cold trigger a squeeze dam break.
I think you'll like this play.McInnis 03 said:10m and 15m squeezes have been fired as well. BULLISHMcInnis 03 said:
TSLA VOLUME
FIRING UP 5m squeeze, cold trigger a squeeze dam break.
8/17 opened 1790/1850/1900p BWB flyMcInnis 03 said:
Just closed both my Broken-Wing Butterflies on TSLA, let me work up the finale tally.
Pay the manColt98 said:
What do you guys think about FSLY. I bought some Aug 28 85 calls yesterday. Thinking model T gets it to 95 soon....
TriumphForks said:
QD playing games with me
my 1875/1950 spread cost $29 and should max out at $75McInnis 03 said:8/17 opened 1790/1850/1900p BWB flyMcInnis 03 said:
Just closed both my Broken-Wing Butterflies on TSLA, let me work up the finale tally.
Received $1.35 to open, risk $8.65
Closed 8/20, received $7.00 to close
$8.35 credit total minus t&c
8/18 opened 1890/1940/1980p BWB fly
Received $2.00 to open, risk $8.00
Closed 8/20, received 5.01 to close
$7.01 credit total minus t&c
Could have held to tomorrow and had things just rocketed to above 1980 I'd have kept the $2.35, but I had a hole in the middle there around 1900 that I didn't want to defend.
Right off the 21 EMATriumphForks said:
QD playing games with me
Really nice job not getting shook. I was worried last night. Now keep an eye, 1950 may not be safe overnight, but who knows, looks like TSLA 2000 day.Ragoo said:my 1875/1950 spread cost $29 and should max out at $75McInnis 03 said:8/17 opened 1790/1850/1900p BWB flyMcInnis 03 said:
Just closed both my Broken-Wing Butterflies on TSLA, let me work up the finale tally.
Received $1.35 to open, risk $8.65
Closed 8/20, received $7.00 to close
$8.35 credit total minus t&c
8/18 opened 1890/1940/1980p BWB fly
Received $2.00 to open, risk $8.00
Closed 8/20, received 5.01 to close
$7.01 credit total minus t&c
Could have held to tomorrow and had things just rocketed to above 1980 I'd have kept the $2.35, but I had a hole in the middle there around 1900 that I didn't want to defend.
Turn off the machine and walk away. You have good protection in place, don't ruin it.wanderer said:
I have some TSLA 8/21 1950/2050 spreads. How dumb would I be to sell back my lower strike price and risk TSLA not passing 2050 by tomorrow to keep the higher strike price premium??
i have a sell order in place the further away from 1950 we get delta approaches 1. Just need one matching buyer for each strike.McInnis 03 said:Really nice job not getting shook. I was worried last night. Now keep an eye, 1950 may not be safe overnight, but who knows, looks like TSLA 2000 day.Ragoo said:my 1875/1950 spread cost $29 and should max out at $75McInnis 03 said:8/17 opened 1790/1850/1900p BWB flyMcInnis 03 said:
Just closed both my Broken-Wing Butterflies on TSLA, let me work up the finale tally.
Received $1.35 to open, risk $8.65
Closed 8/20, received $7.00 to close
$8.35 credit total minus t&c
8/18 opened 1890/1940/1980p BWB fly
Received $2.00 to open, risk $8.00
Closed 8/20, received 5.01 to close
$7.01 credit total minus t&c
Could have held to tomorrow and had things just rocketed to above 1980 I'd have kept the $2.35, but I had a hole in the middle there around 1900 that I didn't want to defend.
Let me buy some more at 1.60gougler08 said:Right off the 21 EMATriumphForks said:
QD playing games with me
Don't be afraid to take a small discount to make a lot of money!Ragoo said:i have a sell order in place the further away from 1950 we get delta approaches 1. Just need one matching buyer for each strike.McInnis 03 said:Really nice job not getting shook. I was worried last night. Now keep an eye, 1950 may not be safe overnight, but who knows, looks like TSLA 2000 day.Ragoo said:my 1875/1950 spread cost $29 and should max out at $75McInnis 03 said:8/17 opened 1790/1850/1900p BWB flyMcInnis 03 said:
Just closed both my Broken-Wing Butterflies on TSLA, let me work up the finale tally.
Received $1.35 to open, risk $8.65
Closed 8/20, received $7.00 to close
$8.35 credit total minus t&c
8/18 opened 1890/1940/1980p BWB fly
Received $2.00 to open, risk $8.00
Closed 8/20, received 5.01 to close
$7.01 credit total minus t&c
Could have held to tomorrow and had things just rocketed to above 1980 I'd have kept the $2.35, but I had a hole in the middle there around 1900 that I didn't want to defend.
Yah but that would prevent me from over trading. What fun would that be??McInnis 03 said:Turn off the machine and walk away. You have good protection in place, don't ruin it.wanderer said:
I have some TSLA 8/21 1950/2050 spreads. How dumb would I be to sell back my lower strike price and risk TSLA not passing 2050 by tomorrow to keep the higher strike price premium??
That's my accumulation point as wellfooz said:Let me buy some more at 1.60gougler08 said:Right off the 21 EMATriumphForks said:
QD playing games with me
What is overtrading?wanderer said:Yah but that would prevent me from over trading. What fun would that be??McInnis 03 said:Turn off the machine and walk away. You have good protection in place, don't ruin it.wanderer said:
I have some TSLA 8/21 1950/2050 spreads. How dumb would I be to sell back my lower strike price and risk TSLA not passing 2050 by tomorrow to keep the higher strike price premium??
I don't get this, I thought the earnings were good.Prognightmare said:
GOCO just fell through the floor.
Buy the dip?Txducker said:I don't get this, I thought the earnings were good.Prognightmare said:
GOCO just fell through the floor.
On top of that, the 1,950 is only getting $56 in premium so that's saying it expects to expire at 2,006 tomorrow. if it expires at 2006, the 2050 is worthless anyway. So nothing to gain by selling the 1950 and holding the 2050. If it closes under 2,000, then you'd start losing some money from the current point.McInnis 03 said:Turn off the machine and walk away. You have good protection in place, don't ruin it.wanderer said:
I have some TSLA 8/21 1950/2050 spreads. How dumb would I be to sell back my lower strike price and risk TSLA not passing 2050 by tomorrow to keep the higher strike price premium??
I did at 17.58.Rice and Fries said:Buy the dip?Txducker said:I don't get this, I thought the earnings were good.Prognightmare said:
GOCO just fell through the floor.
you can roll the covered calls out. If they expire friday, a roll would be buying them back and reselling a later date (possibly higher strike also) for more premium (credit) or more time (debit) in the same transaction.wanderer said:
Quick question - I had some SQ Dec calls there were net free and have been selling OTM calls against them. There's a pretty chance that these will be ITM come Friday. I know that I could buy them back and be fine, but what happens if I didn't?
I've been called out on covered calls before and just lost my shares. Would this be similar to being called out on naked calls (have never dipped my toes in that water) or does me having further out strike dates affect how this is treated? This is in TDA if that matters.
Any chance all that action before it broke suppport at 17.5 was shorts who then loaded up under 17?Prognightmare said:I did at 17.58.Rice and Fries said:Buy the dip?Txducker said:I don't get this, I thought the earnings were good.Prognightmare said:
GOCO just fell through the floor.
Right. I'm saying if you were to sell that one leg now, you'd pocket the $55 premium (plus whatever you sold the 2050 for which I'm assuming was around $20 so call it $75) and then hope it doesn't go past 2050 as it would be cutting into your premium from the 1950 you sold. But say it ends up closing at 2055. You'd net $100 in premium then (105 from the 1950 less the 5 from the 2050). So you'd be shorting yourself out of an additional $40 in premium (125 total premium received less the 5 in premium you'd have to pay out).wanderer said:
I probably didn't clarify enough in my original question.
I was considering selling my 1950 and holding my 2050 to keep (hopefully) the premium if it doesn't cross 2050. This would be instead of closing out the spread all together while TSLA has shot up.